Undoing the 2005-06 Morgan Stanley Meltdown? Anda Returns Home

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Last year Morgan Stanley went through a high-level meltdown, losing dozens of bankers and traders to rivals. The subsequent shareholder revolt forced out the sitting CEO, whose internal reforms were blamed for triggering the defections, and left current CEO John Mack to oversee the ruins.
Word comes in over the wires today that Morgan Stanley has won back Jon Anda (pictured above and left, in yellow), who was co-head of Morgan Stanley's Global Capital Markets group before departing in January. He had been set to join the still-unnamed Joseph Perella M&A boutique. None of the published accounts indicate why Anda flipped back to Morgan Stanley.
Anda Leaves Perella's Firm to Rejoin Morgan Stanley [Bloomberg]

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